Which statement about the relationship between income and development is true?
Higher income always leads to better living conditions
Income is the only factor for development
Income can indicate potential but not total well-being
Development is solely based on economic indicators
Answer and Solution
Answer
C. Income can indicate potential but not total well-being
Solution:
Income can indicate potential for development but does not necessarily reflect total well-being or quality of life, which involve various other factors.
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